FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   (Mark One)

             X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended December 31, 2000

                                       OR

            TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

             For the transition period from ________ to ___________

                        Commission file number: 333-76435


                 WNC HOUSING TAX CREDIT FUND VI, L.P., Series 7
                 WNC HOUSING TAX CREDIT FUND VI, L.P., Series 8


California                                                33-0761517 - Series 7
                                                          33-0761519 - Series 8

(State or other jurisdiction of                                (I.R.S. Employer
incorporation or organization)                               Identification No.)


                         3158 Redhill Avenue, Suite 120
                              Costa Mesa, CA 92626
                    (Address of principal executive offices)

                                 (714) 662-5565
                               (Telephone number)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes X No


<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 8
                       (A California Limited Partnership)
                        (A Development-Stage Enterprise)

                               INDEX TO FORM 10-Q

                     For the Quarter Ended December 31, 2000

PART I. FINANCIAL INFORMATION

Series 7
 Item 1. Financial Statements

          Balance Sheets
             December 31, 2000 and March 31, 2000 ...........................3

          Statements of Operations
             For the three and nine months ended December 31, 2000...........4

          Statement of Partners' Equity (Deficit)
             For the nine months ended December 31, 2000.....................5

          Statement of Cash Flows
             For the nine months ended December 31, 2000.....................6

          Notes to Financial Statements......................................7

 Item 2.  Management's Discussion and Analysis of Financial
          Condition and Results of Operations...............................14

 Item 3.  Quantitative and Qualitative Disclosures About Market Risks.......14

Series 8

 Item 1. Financial Statement

          Balance Sheet
             December 31, 2000..............................................15

          Notes to Balance Sheet............................................16

 Item 2.  Management's Discussion and Analysis of Financial
          Condition ........................................................20

 Item 3.  Quantitative and Qualitative Disclosures About Market Risks.......20


PART II. OTHER INFORMATION

 Item 1.  Legal Proceedings.................................................21

 Item 6.  Exhibits and Reports on Form 8-K..................................21

 Signatures.................................................................22

                                       2
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                                 BALANCE SHEETS
<TABLE>
<CAPTION>

                                                                  December 31, 2000               March 31, 2000
                                                                -----------------------        ----------------------
                                                                     (unaudited)
                                     ASSETS
<S>                                                          <C>                            <C>
Cash and cash equivalents                                    $               4,897,548      $              4,295,471
Funds held in escrow disbursement accounts                                   6,188,157                       142,815
Subscriptions and notes receivable                                                   -                       583,635


Investments in limited partnerships (Note 3)                                 8,830,114                     1,284,221
Loans receivable (Note 2)                                                    1,080,974                       154,000
Other assets                                                                    31,814                           810
                                                                -----------------------        ----------------------

                                                             $              21,028,607      $              6,460,952
                                                                =======================        ======================

                   LIABILITIES AND PARTNERS' EQUITY (DEFICIT)

Liabilities:
 Due to limited partnerships                                 $               5,449,826      $                502,601
 Interest payable                                                               27,963                             -
 Accrued fees and expenses due to General
  Partner and affiliates (Note 4)                                               15,070                       145,659
                                                                -----------------------        ----------------------

Total liabilities                                                            5,492,859                       648,260
                                                                -----------------------        ----------------------
Partners' equity (deficit) (Note 5):
 General Partner                                                                (1,800)                         (301)
 Limited Partners (25,000 units authorized and
  18,850 and 7,147 units issued and outstanding at
  December 31, 2000 and March 31, 2000)                                     15,537,548                     5,812,993
                                                                -----------------------        ----------------------

Total partners' equity                                                      15,535,748                     5,812,692
                                                                -----------------------        ----------------------

                                                             $              21,028,607      $              6,460,952
                                                                =======================        ======================

</TABLE>

                 See accompanying notes to financial statements
                                        3
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                            STATEMENTS OF OPERATIONS

          For the Three Months and Nine Months Ended December 31, 2000
                                   (unaudited)
<TABLE>
<CAPTION>

                                                              Three Months           Nine Months
                                                             ----------------      -----------------
<S>                                                        <C>                   <C>
Interest income                                            $          79,266     $         232,255
                                                             ----------------      -----------------

Operating expenses:
 Amortization (Note 3)                                                12,546                26,388
 Asset management fees (Note 4)                                       19,313                24,057
 Other                                                                 7,363                29,835
                                                             ----------------      -----------------

   Total operating expenses                                           39,222                80,280
                                                             ----------------      -----------------

Income from operations                                                40,044               151,975
                                                             ----------------      -----------------

Equity in losses of limited partnerships (Note 3)                    (83,620)             (204,434)
                                                             ----------------      -----------------

Net income                                                 $         (43,576)    $         (52,459)
                                                             ================      =================
Net income allocated to:
 General Partner                                           $             (43)    $             (52)
                                                             ================      =================

 Limited Partners                                          $         (43,532)    $         (52,407)
                                                             ================      =================

Net income per limited partnership unit                    $              (2)    $              (4)
                                                             ================      =================

Outstanding weighted average limited partner units                    18,166                13,180
                                                             ================      =================


</TABLE>

                 See accompanying notes to financial statements
                                        4

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                     STATEMENT OF PARTNERS' EQUITY (DEFICIT)

                   For the Nine Months Ended December 31, 2000
                                   (unaudited)
<TABLE>
<CAPTION>

                                                       General              Limited
                                                       Partner              Partners                Total
                                                    ---------------      ---------------      -----------------
<S>                                               <C>                  <C>                  <C>
Partners' equity (deficit) at March 31, 2000      $          (301)     $     5,812,993      $       5,812,692

Withdrawal of original limited partner                          -               (1,000)                (1,000)

Sale of limited partnership units,
 net of discounts of $13,330                                    -           11,689,670             11,689,670

Sale of limited partnership units issued for
 promissory notes receivable                                    -             (465,750)              (465,750)

Offering expenses                                          (1,447)          (1,445,958)            (1,447,405)

Net income                                                    (52)             (52,407)               (52,459)
                                                    ---------------      ---------------      -----------------

Partners' equity (deficit) at December 31, 2000   $        (1,800)     $    15,537,548      $      15,535,748
                                                    ===============      ===============      =================

</TABLE>

                 See accompanying notes to financial statements
                                        5


<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                             STATEMENT OF CASH FLOWS

                   For the Nine Months Ended December 31, 2000
                                   (unaudited)


Cash flows from operating activities:
 Net income                                             $         (52,459)
 Adjustments to reconcile net income to net cash
  provided by operating activities:
  Amortization                                                     26,388
  Equity in losses of limited partnerships                        204,434
  Change in other assets                                          (26,369)
  Change in accrued interest                                       27,963
  Change in accrued fees and expenses due to
   General Partner and affiliates                                  14,301
                                                           ---------------

Net cash provided by operating activities                         194,258
                                                           ---------------

Cash flows from investing activities:
 Investments in limited partnerships, net                      (1,776,220)
 Funds held in escrow disbursement account                     (6,045,342)
 Loans receivable                                                (926,974)
 Capitalized acquisition costs and fees                        (1,099,080)
                                                           ---------------

Net cash used in investing activities                          (9,847,616)
                                                           ---------------

Cash flows from financing activities:
 Capital contributions                                         11,801,920
 Offering expenses                                             (1,546,485)
                                                           ---------------

Net cash provided by financing activities                      10,255,435
                                                           ---------------

Net increase in cash and cash equivalents                         602,077
                                                           ---------------

Cash and cash equivalents, beginning of period                  4,295,471
                                                           ---------------

Cash and cash equivalents, end of period                $       4,897,548
                                                           ===============

SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION
  Taxes paid                                            $             800
                                                           ===============

                 See accompanying notes to financial statements
                                        6


<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                          NOTES TO FINANCIAL STATEMENTS

                                December 31, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

General

The accompanying condensed consolidated unaudited financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial  information  and with the  instructions  to Form  10-Q for  quarterly
reports  under  Section  13 or 15(d)  of the  Securities  Exchange  Act of 1934.
Accordingly,  they do not include all of the information and footnotes  required
by generally accepted accounting  principles for complete financial  statements.
In the opinion of management,  all adjustments  (consisting of normal  recurring
accruals)  considered  necessary  for a fair  presentation  have been  included.
Operating  results for the three and nine months ended December 31, 2000 are not
necessarily  indicative  of the results that may be expected for the fiscal year
ending  March  31,  2001.  For  further  information,  refer  to  the  financial
statements and footnotes thereto included in the Partnership's  annual report on
Form 10-K for the fiscal year ended March 31, 2000.

Organization

WNC  Housing  Tax  Credit  Fund  VI,  L.P.,  Series  7,  (a  California  Limited
Partnership) (the  "Partnership")  was formed on June 16, 1997 under the laws of
the state of California.  The Partnership began operations on September 3, 1999,
the  effective  date of its public  offering  pursuant to Security  and Exchange
approval of the Partnership's  Pre-Effective  Amendment No. 3 to Form S-11 filed
with the  Securities and Exchange  Commission on July 16, 1999. The  Partnership
was formed to invest primarily in other limited partnerships (the "Local Limited
Partnerships")  which  own  and  operate  multi-family  housing  complexes  (the
"Housing  Complexes") that are eligible for low income housing tax credits.  The
local  general  partners  (the "Local  General  Partners") of each Local Limited
Partnership will retain  responsibility for maintaining,  operating and managing
the Housing Complex.

The general partner is WNC & Associates,  Inc. (the "General Partner").  Wilfred
N. Cooper, Sr., through the Cooper Revocable Trust, owns just less than 66.8% of
the  outstanding  stock of WNC & Associates,  Inc.  John B. Lester,  Jr. was the
original limited partner of the Partnership and owns,  through the Lester Family
Trust, just less than 28.6% of the outstanding  stock of WNC & Associates,  Inc.
Wilfred N. Cooper,  Jr.,  President of WNC & Associates,  Inc., owns 2.1% of the
outstanding  stock of Associates.  The business of the  Partnership is conducted
primarily through WNC & Associates, Inc., as the Partnership has no employees of
its own.

The Partnership shall continue in full force and effect until December 31, 2060,
unless terminated prior to that date,  pursuant to the partnership  agreement or
law.

The financial  statements  include only activity relating to the business of the
Partnership,  and do not give  effect to any assets that the  partners  may have
outside of their interests in the Partnership, or to any obligations,  including
income taxes, of the partners.

The  Partnership  agreement  authorized the sale of up to 25,000 units at $1,000
per Unit ("Units"). The offering of Units concluded on October 31, 2000 at which
time  18,850  Units in the amount of  $18,829,445  had been sold,  net of volume
discounts of $45 and $20,510 of dealer discounts, had been accepted. The General
Partner has a 0.1% interest in operating profits and losses,  taxable income and
losses,  cash available for distribution from the Partnership and tax credits of
the  Partnership.  The limited partners will be allocated the remaining 99.9% of
these items in proportion to their respective investments.

                                       7

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                December 31, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

After the limited  partners  have received  proceeds from a sale or  refinancing
equal to their capital  contributions and their return on investment (as defined
in the  Partnership  Agreement)  and the General  Partner has received  proceeds
equal  to its  capital  contribution  and a  subordinated  disposition  fee  (as
described in Note 4) from the  remainder,  any  additional  sale or  refinancing
proceeds will be distributed 90% to the limited partners (in proportion to their
respective investments) and 10% to the General Partner.

Risks and Uncertainties

The Partnership's  investments in Local Limited  Partnerships are subject to the
risks incident to the management and ownership of low-income  housing and to the
management and ownership of multi-unit  residential  real estate.  Some of these
risks  are that the low  income  housing  credit  could be  recaptured  and that
neither the  Partnership's  investments  nor the Housing  Complexes owned by the
Local Limited Partnerships will be readily marketable. To the extent the Housing
Complexes  receive  government  financing  or operating  subsidies,  they may be
subject to one or more of the following risks: difficulties in obtaining tenants
for the Housing Complexes: difficulties in obtaining rent increases; limitations
on cash distributions; limitations on sales or refinancing of Housing Complexes;
limitations on transfers of Local Limited Partnership Interests:  limitations on
removal of Local General Partners; limitations on subsidy programs; and possible
changes in applicable regulations.  The Housing Complexes are or will be subject
to  mortgage  indebtedness.  If a Local  Limited  Partnership  does not make its
mortgage payments, the lender could foreclose resulting in a loss of the Housing
Complex  and low  income  housing  credits.  As a limited  partner  of the Local
Limited Partnerships, the Partnership will have very limited rights with respect
to management of the Local  Limited  Partnerships,  and will rely totally on the
Local General  Partners of the Local Limited  Partnerships for management of the
Local Limited Partnerships.  The value of the Partnership's  investments will be
subject  to  changes  in  national  and  local  economic  conditions,  including
unemployment  conditions,  which could adversely  impact vacancy levels,  rental
payment  defaults and operating  expenses.  This, in turn,  could  substantially
increase  the  risk of  operating  losses  for  the  Housing  Complexes  and the
Partnership.  In addition,  each Local Limited  Partnership  is subject to risks
relating  to  environmental   hazards  and  natural  disasters  which  might  be
uninsurable. Because the Partnership's operations will depend on these and other
factors  beyond  the  control  of the  General  Partner  and the  Local  General
Partners,  there can be no assurance  that the  anticipated  low income  housing
credits will be available to Limited Partners.

In addition  Limited  Partners are subject to risks in that the rules  governing
the low income  housing  credit are  complicated,  and the use of credits can be
limited.  The only  material  benefit from an investment in Units may be the low
income housing credits. There are limits in the transferability of Units, and it
is unlikely that a market for Units will develop.  All management decisions will
be made by the General Partner.

                                       8
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                December 31, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

Method of Accounting for Investments in Limited Partnerships

The Partnership  intends to account for its investments in limited  partnerships
using the equity method of accounting,  whereby the Partnership  will adjust its
investment balance for its share of the Local Limited  Partnership's  results of
operations and for any distributions  received.  The accounting  policies of the
Local  Limited  Partnerships  are  expected to be  consistent  with those of the
Partnership. Costs incurred by the Partnership in acquiring the investments will
be  capitalized  as part of the investment and amortized over 15 years (see Note
3).

Offering Expenses

Offering  expenses are expected to consist of  underwriting  commissions,  legal
fees,  printing,  filing and  recordation  fees,  and other  costs  incurred  in
connection with the selling of limited partnership interests in the Partnership.
The General  Partner is obligated to pay all  offering  and  organization  costs
inclusive of selling commissions and dealer manager fees, in excess of 4% of the
total  offering  proceeds.  Offering  expenses  are  reflected as a reduction of
limited partners' capital and amounted to $2,369,290 and $921,885 as of December
31, 2000 and March 31, 2000, respectively.

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent assets and liabilities at the date of the financial  statements,  and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could materially differ from those estimates.

Cash and Cash Equivalents

The  Partnership   considers  all  highly  liquid   investments  with  remaining
maturities of three months or less when purchased to be cash equivalents.  As of
December 31, 2000 and March 31, 2000 the  Partnership  had cash  equivalents  of
$2,100,000 and $3,866,941,  respectively.  These amounts  consist  primarily tax
exempt  instruments  collateralized  by tax exempt  municipal bonds from various
municipalities  throughout the United  States.  These  instruments  generate tax
exempt yields and generally have 35 day or less maturities.

Concentration of Credit Risk

At December  31,  2000,  the  Partnership  maintained  cash  balances at certain
financial institutions in excess of the federally insured maximum.

Net Income Per Limited Partner Unit

Net income per limited  partnership unit is calculated  pursuant to Statement of
Financial  Accounting Standards No. 128, Earnings Per Share. Net income per unit
includes no dilution  and is computed by dividing  income  available  to limited
partners by the weighted average number of units outstanding  during the period.
Calculation of diluted net income per unit is not required.

                                       9

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                December 31, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

Reporting Comprehensive Income

In June 1997,  the FASB  issued  Statement  of  Financial  Accounting  Standards
("SFAS") No. 130, Reporting  Comprehensive  Income.  This statement  establishes
standards for reporting the components of comprehensive income and requires that
all items that are  required to be  recognized  under  accounting  standards  as
components of comprehensive  income be included in a financial statement that is
displayed with the same prominence as other financial statements.  Comprehensive
income  includes net income as well as certain items that are reported  directly
within a separate  component of partners' equity and bypass net income.  For the
periods  presented,  the  Partnership  has no  elements  of other  comprehensive
income, as defined by SFAS No. 130.

NOTE 2 - LOANS RECEIVABLE

Loans  receivable  represent  amounts loaned by the Partnership to certain Local
Limited  Partnerships  in which the  Partnership  may  invest.  These  loans are
generally applied against the first capital  contribution due if the Partnership
ultimately invests in such entities.  In the event that the Partnership does not
invest in such  entities,  the loans are to be repaid  with  interest  at a rate
which is equal to the rate charged to the holder.

NOTE 3 - INVESTMENTS IN LIMITED PARTNERSHIPS

As of December 31, 2000 and March 31, 2000, the Partnership has acquired limited
partnership interests in seven and two Local Limited Partnerships, respectively.
Each  Local  Limited  Partnership  owns one  Housing  Complex  consisting  of an
aggregate of 259 and 35 apartment units,  respectively.  As of December 31, 2000
and  March  31,  2000  construction  or  rehabilitation  of four of the  Housing
Complexes were still in process.  The respective  general  partners of the Local
Limited   Partnerships  manage  the  day-to-day   operations  of  the  entities.
Significant Local Limited  Partnership  business decisions require approval from
the Partnership. The Partnership, as a limited partner, is generally entitled to
99.98%,  as  specified  in the  Local  Limited  Partnership  agreements,  of the
operating  profits and losses,  taxable income and losses and tax credits of the
Local Limited Partnerships.

Equity  in  losses  of the  Local  Limited  Partnerships  is  recognized  in the
financial  statements until the related  investment account is reduced to a zero
balance. Losses incurred after the investment account is reduced to zero are not
recognized. If the Local Limited Partnerships report net income in future years,
the  Partnership  will resume applying the equity method only after its share of
such net  income  equals  the share of net  losses  not  recognized  during  the
period(s) the equity method was suspended.

Distributions  received by limited  partners are accounted for as a reduction of
the investment balance.  Distributions received after the investment has reached
zero are recognized as income.  As of December 31, 2000, no investment  accounts
in Local Limited Partnerships had reached a zero balance.

                                       10

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                December 31, 2000
                                   (unaudited)


NOTE 3 - INVESTMENTS IN LIMITED PARTNERSHIPS, continued

Following  is a summary of the equity  method  activity  of the  investments  in
limited partnerships for the periods presented:
<TABLE>
<CAPTION>
                                                                                              September 3, 1999
                                                                 For the Nine Months          (Date Operations
                                                                      Ended                  Commenced) through
                                                                  December 31, 2000            March 31, 2000
                                                              -----------------------   ----------------------------
<S>                                                         <C>                       <C>
   Investment per balance sheet, beginning of period        $             1,284,221   $                          -
   Capital contributions paid, net                                        1,345,076                        142,788
   Capital contributions payable                                          5,378,369                        502,601
   Capitalized acquisition fees and costs                                 1,053,270                        643,230
   Equity in losses of limited partnerships                                (204,434)                             -
   Amortization of capitalized
    acquisition fees and costs                                              (26,388)                        (4,398)
                                                              -----------------------   ----------------------------

   Investment per balance sheet, end of period              $             8,830,114  $                   1,284,221
                                                              =======================   ============================
</TABLE>

Selected financial  information for the nine months ended December 31, 2000 from
the unaudited combined financial statements of the limited partnerships in which
the Partnership has invested as follows:

                   COMBINED CONDENSED STATEMENT OF OPERATIONS

                                                                  2000
                                                          -------------------

   Revenue                                              $           338,000
                                                          -------------------

   Expenses:
    Interest expense                                                113,000
    Depreciation                                                    101,000
    Operating expenses                                              328,000
                                                          -------------------
       Total expenses                                               542,000
                                                          -------------------
   Net loss                                             $          (204,000)
                                                          ===================
   Net loss allocable to the
    Partnership                                         $          (204,000)
                                                          ===================
   Net loss recorded by the
    Partnership                                         $          (204,000)
                                                          ===================

                                       11
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                December 31, 2000
                                   (unaudited)

NOTE 4 - RELATED PARTY TRANSACTIONS

The Partnership has no officers,  employees,  or directors.  However,  under the
terms of the  Partnership  Agreement the Partnership is obligated to the General
Partner or its affiliates for the following fees:

   (a)   Acquisition  fees of 7% of the gross proceeds from the sale of Units as
         compensation  for services  rendered in connection with the acquisition
         of Local  Limited  Partnerships.  As of December 31, 2000 and March 31,
         2000,  the  Partnership  incurred  acquisition  fees of $1,319,500  and
         $500,290,  respectively.  Accumulated amortization of these capitalized
         costs were  $23,884  and $3,420 as of  December  31, 2000 and March 31,
         2000, respectively.

   (b)   Acquisition costs of 2% of the gross proceeds from the sale of Units as
         full  reimbursement  of  costs  incurred  by  the  General  Partner  in
         connection  with the acquisition of Local Limited  Partnerships.  As of
         December  31,  2000  and  March  31,  2000,  the  Partnership  incurred
         acquisition  costs of $377,000 and $142,940,  respectively,  which have
         been  included  in  investments  in limited  partnerships.  Accumulated
         amortization were $6,902 and $978 as of December 31, 2000 and March 31,
         2000, respectively.

   (c)   An  annual  asset  management  fee not to exceed  0.2% of the  invested
         assets  (defined  as  the  Partnership's   capital  contributions  plus
         reserves  of the  Partnership  of up to 5% of gross  proceeds  plus its
         allocable  percentage  of the  mortgage  debt  encumbering  the housing
         complexes)  of the  Local  Limited  Partnerships.  Management  fees  of
         $24,057 and $424 were  incurred  during the nine months ended  December
         31, 2000 and the period September 3, 1999 (Date  Operations  Commenced)
         through March 31, 2000, respectively.

    (d)  A  subordinated  disposition  fee in an amount equal to 1% of the sales
         price of real estate sold.  Payment of this fee is  subordinated to the
         limited  partners  receiving a return on investment  (as defined in the
         Partnership  Agreement)  and is payable only if the General  Partner or
         its affiliates render services in the sales effort.

The accrued fees and expenses due to the General Partner and affiliates  consist
of the following at:
<TABLE>
<CAPTION>
                                                                      December 31, 2000           March 31, 2000
                                                                    ----------------------     ---------------------
<S>                                                               <C>                        <C>
Acquisition fees payable                                          $                     -    $               35,630
Acquisition costs payable                                                               -                    10,180
Organizational, offering and selling costs payable                                      -                    99,080
Asset management fee payable                                                       14,199                       424
Reimbursement for expenses paid by the General Partner or
 an affiliate                                                                         871                       345
                                                                    ----------------------     ---------------------

                                                                  $                15,070    $              145,659
                                                                    ======================     =====================
</TABLE>

                                       12

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                December 31, 2000
                                   (unaudited)

NOTE 5 - SUBSCRIPTIONS AND NOTES RECEIVABLE

As of December 31, 2000, the Partnership had received  subscriptions  for 18,850
units which included promissory notes of $899,750, of which $0 of the promissory
notes were collected  after December 31, 2000 and prior to the issuance of these
financial  statements,  leaving an unpaid balance of $899,750.  Limited partners
who subscribed for ten or more units of limited partnerships  interest ($10,000)
could elect to pay 50% of the purchase price in cash upon  subscription  and the
remaining  50% by the  delivery of a  promissory  note  payable,  together  with
interest at a rate equal to the three month treasury bill rate as of the date of
execution  of the  promissory  note,  due no  later  than 13  months  after  the
subscription date.

NOTE 6 - INCOME TAXES

No provision for income taxes has been  recorded in the financial  statements as
any  liability  for  income  taxes  is the  obligation  of the  partners  of the
Partnership.




                                       13
<PAGE>
Item 2. Management's  Discussion and Analysis of Financial Condition and Results
of Operations

This  Quarterly  Report  contains  forward-looking   statements  concerning  the
Partnership's anticipated future revenues and earnings,  adequacy of future cash
flow and related matters. These forward-looking  statements include, but are not
limited to, statements containing the words "expect",  "believe", "will", "may",
"should", "project", "estimate", and like expressions, and the negative thereof.
These statements are subject to risks and uncertainties  that could cause actual
results to differ materially from the statements, including competition, as well
as those  risks  described  in the  Partnership's  SEC  reports,  including  the
Partnership's  Form 10-K filed  pursuant to the  Securities  and Exchange Act of
1934 on June 29, 2000.

The following discussion and analysis compares the results of operations for the
three and nine months ended December 31, 2000, and should be read in conjunction
with the condensed  consolidated  financial  statements and  accompanying  notes
included within this report.

Financial Condition

The Partnership's  assets at December 31, 2000 consisted primarily of $4,988,000
in  cash  and  cash  equivalents,   $6,188,000  in  cash  in  escrow,  aggregate
investments  in  the  seven  Local  Limited  Partnerships  of  $8,830,000,   and
$1,081,000  in loans  receivable.  Liabilities  at December  31, 2000  primarily
consisted of  $5,450,000  due to limited  partnerships,  $15,000 in advances and
other payables due to the General  Partner or affiliates and $28,000 in interest
payable.

Results of Operations and Cash Flows

The Partnership  commenced  operations on September 3, 1999. As a result,  there
are no  comparative  results of  operations  or cash flow from prior  periods to
present.

Since December 31, 2000, the Partnership has raised equity capital sufficient to
satisfy all of its  identified  obligations.  In this  regard,  the  Partnership
expects  its  future  cash  flows,  together  with its net  available  assets at
December 31, 2000, to be sufficient  to meet all  currently  foreseeable  future
cash requirements.


Item 3: Quantitative and Qualitative Disclosures Above Market Risks

        NOT APPLICABLE

                                       14
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 8
                       (A California Limited Partnership)
                        (A Development-Stage Enterprise)

                                  BALANCE SHEET

                                December 31, 2000





                                     ASSETS

Cash                                                            $        1,100
                                                                 -------------

                                                                $        1,100
                                                                 =============

                        LIABILITIES AND PARTNERS' EQUITY

Commitments and contingencies (Note 2)

Partners' equity (Note 1):
 General partner                                                $          100
 Original limited partner                                                1,000
                                                                 -------------

         Total partners' equity                                          1,100
                                                                 -------------
                                                                $        1,100
                                                                 =============








                    See accompanying notes to balance sheet
                                       15

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 8
                       (A California Limited Partnership)
                        (A Development-Stage Enterprise)

                             NOTES TO BALANCE SHEET

                                December 31, 2000

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

General

The  information  contained  in the  following  notes  to the  balance  sheet is
condensed  from that  which  would  appear in the annual  financial  statements;
accordingly, the balance sheet included herein should be reviewed in conjunction
with the August 31, 2000,  audited  balance sheet included in the post effective
amendment No. 5 to Form S-11 filed with the Securities  and Exchange  Commission
on November 6, 2000.

In the opinion of the General Partner, the accompanying  unaudited balance sheet
contains  all  adjustments   (consisting  of  only  normal  recurring  accruals)
necessary to present fairly the financial position as of December 31, 2000.

Organization

WNC  Housing  Tax  Credit  Fund  VI,  L.P.,  Series  7,  (a  California  Limited
Partnership) (the  "Partnership")  was formed on June 16, 1997 under the laws of
the state of  California  and had not  commenced  operations  as of December 31,
2000.  (See Note 4). The  Partnership  was formed to invest  primarily  in other
limited  partnerships (the "Local Limited  Partnerships")  which own and operate
multi-family  housing complexes (the "Housing  Complexes") that are eligible for
low income housing tax credits.  The local general  partners (the "Local General
Partners")  of each Local Limited  Partnership  will retain  responsibility  for
maintaining, operating and managing the Housing Complex.

The general partner is WNC & Associates,  Inc. (the "General Partner").  Wilfred
N. Cooper, Sr., through the Cooper Revocable Trust, owns just less than 66.8% of
the  outstanding  stock of WNC &  Associates,  Inc.  John B. Lester,  Jr. is the
initial limited  partner of the Partnership and owns,  through the Lester Family
Trust, just less than 28.6% of the outstanding  stock of WNC & Associates,  Inc.
Wilfred N. Cooper,  Jr., President of WNC, owns 2.1% of the outstanding stock of
WNC.

The  balance  sheet  includes  only  activity  relating  to the  business of the
Partnership,  and does not give effect to any assets that the  partners may have
outside of their interests in the Partnership, or to any obligations,  including
income taxes, of the partners.

The  Partnership  agreement  authorized the sale of up to 25,000 units at $1,000
per Unit ("Units"). As of December 31, 2000,  subscriptions for 923 Units in the
amount of  $923,000,  had been  sold.  The  proceeds  received  from the sale of
subscriptions  are  deposited  in an escrow  account  with US Bank,  and, if the
required  minimum amount of $1,400,000 in cash is not received  within one year,
no Units can be sold and the proceeds  received  from the sale of  subscriptions
will be returned within 30 days, together with interest. (See Note 4).

The General Partner has a 1% interest in operating  profits and losses,  taxable
income and losses,  cash available for distribution from the Partnership and tax
credits of the Partnership. The limited partners will be allocated the remaining
99% of these items in proportion to their respective investments.

After the limited  partners  have received  proceeds from a sale or  refinancing
equal to their capital  contributions and their return on investment (as defined
in the  Partnership  Agreement)  and the General  Partner has received  proceeds
equal to its capital  contribution  and a subordinated  disposition fee from the
remainder,  any additional sale or refinancing  proceeds will be distributed 90%
to the limited partners (in proportion to their respective  investments) and 10%
to the General Partner.

                                       16
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 8
                       (A California Limited Partnership)
                        (A Development-Stage Enterprise)

                       NOTES TO BALANCE SHEET - CONTINUED

                                December 31, 2000

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

Risks and Uncertainties

The Partnership's  investments in Local Limited  Partnerships are subject to the
risks incident to the management and ownership of low-income  housing and to the
management and ownership of multi-unit  residential  real estate.  Some of these
risks  are that the low  income  housing  credit  could be  recaptured  and that
neither the  Partnership's  investments  nor the Housing  Complexes owned by the
Local  Limited  Partnerships  will be  readily  marketable.  To the  extent  the
HousingComplexes  receive government financing or operating subsidies,  they may
be subject to one or more of the  following  risks:  difficulties  in  obtaining
tenants for the Housing  Complexes:  difficulties  in obtaining rent  increases;
limitations  on cash  distributions;  limitations  on  sales or  refinancing  of
Housing  Complexes;  limitations  on  transfers  of  Local  Limited  Partnership
Interests:  limitations  on removal of Local General  Partners;  limitations  on
subsidy programs;  and possible changes in applicable  regulations.  The Housing
Complexes  are or will be subject to mortgage  indebtedness.  If a Local Limited
Partnership  does not make its mortgage  payments,  the lender  could  foreclose
resulting in a loss of the Housing Complex and low income housing credits.  As a
limited partner of the Local Limited  Partnerships,  the  Partnership  will have
very  limited   rights  with  respect  to   management   of  the  Local  Limited
Partnerships,  and will rely totally on the Local General  Partners of the Local
Limited Partnerships for management of the Local Limited Partnerships. The value
of the  Partnership's  investments  will be subject to changes in  national  and
local  economic  conditions,  including  unemployment  conditions,  which  could
adversely impact vacancy levels, rental payment defaults and operating expenses.
This, in turn, could substantially increase the risk of operating losses for the
Housing  Complexes  and  the  Partnership.   In  addition,  each  Local  Limited
Partnership  is subject to risks relating to  environmental  hazards and natural
disasters which might be uninsurable.  Because the Partnership's operations will
depend on these and other factors beyond the control of the General  Partner and
the Local General  Partners,  there can be no assurance that the anticipated low
income housing credits will be available to Limited Partners.

In addition  Limited  Partners are subject to risks in that the rules  governing
the low income  housing  credit are  complicated,  and the use of credits can be
limited.  The only  material  benefit from an investment in Units may be the low
income housing credits. There are limits in the transferability of Units, and it
is unlikely that a market for Units will develop.  All management decisions will
be made by the General Partner.

Method of Accounting for Investments in Limited Partnerships

The Partnership  intends to account for its investments in limited  partnerships
using the equity method of accounting,  whereby the Partnership  will adjust its
investment balance for its share of the Local Limited  Partnership's  results of
operations and for any distributions  received.  The accounting  policies of the
Local  Limited  Partnerships  are  expected to be  consistent  with those of the
Partnership. Costs incurred by the Partnership in acquiring the investments will
be capitalized as part of the investment and amortized over 15 years.

Offering Expenses

Offering  expenses are expected to consist of  underwriting  commissions,  legal
fees,  printing,  filing and  recordation  fees,  and other  costs  incurred  in
connection with the selling of limited partnership interests in the Partnership.
The General  Partner is obligated to pay all  offering  and  organization  costs
inclusive of selling  commissions  and dealer  manager fees, in excess of 13% of
the total offering proceeds.  Offering expenses will be reflected as a reduction
of limited partners' capital.

                                       17
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 8
                       (A California Limited Partnership)
                        (A Development-Stage Enterprise)

                       NOTES TO BALANCE SHEET - CONTINUED

                                December 31, 2000

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent assets and liabilities at the date of the financial  statements,  and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could materially differ from those estimates.

NOTE 2 - COMMITMENTS AND CONTINGENCIES

Effective  November 7, 2000,  the  Partnership  is offering up to 25,000 limited
partnership  units at $1,000 per unit (the "Units").  The balance sheet does not
include  certain  Partnership  legal,  accounting,  and other  organization  and
offering costs paid and to be paid by the General  Partner and/or  affiliates of
the General Partner. If the minimum offering amount of $1,400,000 is raised, the
Partnership  will be  required  to  reimburse  the  General  Partner  and/or its
affiliates  for such fees out of the  proceeds  of the  offering,  up to certain
maximum levels set forth below.  (See Note 4). In the event the Partnership were
unable to raise the minimum  offering  amount,  the General Partner would absorb
all organization and offering costs.

The reader of this balance  sheet should refer to the post  effective  amendment
No. 5 to Form S-11 filed with the Securities and Exchange Commission on November
6, 2000, for a more thorough  description of the Partnership,  and the terms and
provisions thereunder.

The  Units  are  being  offered  by WNC  Capital  Corporation,  a  wholly  owned
subsidiary of the General Partner.

If the minimum offering amount of $1,400,000 is raised,  the Partnership will be
obligated  to  the  General  Partner  or  affiliates  for  certain  acquisition,
management and other fees as set forth below:

Acquisition and investment  management  fees up to 7%, as defined,  of the gross
proceeds  from the sale of the Units as  compensation  for services  rendered in
connection with the acquisition of Local Limited Partnerships.

A non-accountable  acquisition  expense  reimbursement  equal to 2% of the gross
proceeds from the sale of the Units.

Payment of a  non-accountable  organization and offering expense  reimbursement,
and  reimbursement  for dealer  manager  and  selling  expenses  advanced by the
General Partner or affiliates on behalf of the Partnership. These reimbursements
plus  all  other  organizational  and  offering  expenses,  inclusive  of  sales
commissions and dealer manager fees, are not to exceed 13% of the gross proceeds
from the sale of Units.

An  annual  management  fee  equal to 0.2% of the  invested  assets of the Local
Limited Partnerships, as defined.

A  subordinated  disposition  fee in an amount equal to 1% of the sales price of
real  estate  sold by the Local  Limited  Partnerships.  Payment  of this fee is
subordinated  to the limited  partners  receiving  distributions  equal to their
capital  contributions  and  their  return  on  investment  (as  defined  in the
Partnership's  First Amended and Restated Agreement of Limited  Partnership) and
is payable only if services are rendered in the sales effort.

                                       18
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 8
                       (A California Limited Partnership)
                        (A Development-Stage Enterprise)

                       NOTES TO BALANCE SHEET - CONTINUED

                                December 31, 2000

NOTE 2 - COMMITMENTS AND CONTINGENCIES, continued

As of December 31, 2000 a total of 953 Units had been sold totaling  $942,650 in
capital contributions net of dealer discounts of $350.

As of December 31, 2000, the General Partner had incurred costs of approximately
$78,000 related to the start-up and  organization of the Partnership and sale of
Partnership  Units.  Such costs will be  reimbursed  by the  Partnership  to the
General  Partner,  as  sales  of  Units  met  the  minimum  offering  amount  of
$1,400,000, subsequent to December 31, 2000. (See Note 4)

NOTE 3 - INCOME TAXES

No provision  for income taxes will be recorded in the  financial  statements as
any  liability  for  income  taxes  is the  obligation  of the  partners  of the
Partnership.

NOTE 4 - SUBSEQUENT EVENTS

As of February 8, 2001 a total of 1,433 Units had been sold totaling  $1,431,250
in capital contributions net of dealer discounts of $1,750.









                                       19
<PAGE>
Item 2. Managements's Disscussions and Analysis of Financial Condition

WNC  Housing Tax Credit Fund VI,  L.P.  Series 8 ( The  "Partnership")  has only
nominal funds as it has not yet commenced operations and the capital anticipated
to be raised through its public offering of Units has not yet become available.

The  Partnership  plans to raise equity  capital from  investors by means of its
public  offering,  and then to  apply  such  funds,  including  the  installment
payments on the investor promissory notes as received, to the purchase price and
acquisition fees and costs of local limited partnerships,  reserves and expenses
of the offering.

It is not expected that any of the local limited partnerships will generate cash
from  operations  sufficient  to  provide  distributions  to  investors  in  any
significant  amount.  Cash from operations,  if any, would first be used to meet
operating  expenses of the  Partnerships.  Operating  expenses include the asset
management fee.

Investments  in local  limited  partnerships  are not readily  marketable.  Such
investments may be affected by adverse  general  economic  conditions  which, in
turn,  could  substantially  increase  the  risk  of  operating  losses  for the
apartment complexes,  the local limited partnerships and the Partnership.  These
problems  may  result  from a  number  of  factors,  many  of  which  cannot  be
controlled. Nevertheless, WNC & Associates, Inc. anticipates that capital raised
from the sale of the Units will be sufficient to fund the  Partnership's  future
investment commitments and proposed operations.

The capital needs and resources of the Partnership are expected to undergo major
changes  during  its  first  several  years of  operations  as a  result  of the
completion  of its  offering  of  Units  and  its  acquisition  of  investments.
Thereafter,  The  Partnership'  capital  needs and  resources are expected to be
relatively stable.


Item 3: Quantitative and Qualitative Disclosures Above Market Risks

        Not Applicable





                                       20
<PAGE>
Part II. Other Information

Item 1.  Legal Proceedings

         NONE

Item 6.  Exhibits and Reports on Form 8-K

     (b)  Reports on Form 8-K: WNC Housing Tax Credit Fund VI, L.P., Series 7

     1.   A Form 8-K  dated  October  2,  2000 was  filed on  October  11,  2000
          reporting the acquisition of a Local Limited Partnership. No financial
          statements were included.

     2.   A Form 8-K/A was filed on  December  18,  2000  amending  the Form 8-K
          dated October 2, 2000. Pro forma financial information  respecting the
          acquisition was included.

     3.   A Form 8-K  dated  December  29,  2000 was  filed on  January  2, 2001
          reporting the acquisition of a Local Limited Partnership. No financial
          statements were included.





                                       21

<PAGE>


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

WNC HOUSING TAX CREDIT FUND VI, L.P., Series 7
(Registrant)

WNC HOUSING TAX CREDIT FUND VI, L.P., Series 8
(Registrant)

By:   WNC & Associates, Inc., General Partner of the Registrants



By:   /s/ Wilfred N. Cooper, Jr.
Wilfred N. Cooper, Jr.,
President - Chief Operating Officer of WNC & Associates, Inc.

Date: February 20, 2001



By:  /s/ Thomas J. Riha
Thomas J. Riha,
Vice President - Chief Financial Officer of WNC & Associates, Inc.

Date February 20, 2001











                                       22